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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (32183)	4/2/2008 9:01:35 PM
From: Ilaine	Read Replies (1) \| Respond to of 217743

As we speak, the return on my investment in my home is over 600%. At the blow-off top, it was 700%. That's dollar for dollar, not counting the tax breaks, which have been very nice indeed. Not to mention that the monthly note is much lower than rent, not to mention living in a great school district, not to mention having fun in my garden, not to mention the pleasures of doing as I please. Much better return than gold, as yet.

To: TobagoJack who wrote (32183)	4/3/2008 3:46:05 AM
From: Maurice Winn	Read Replies (2) \| Respond to of 217743

<her home equity did not decline against the true measure, buygold> You are correct there. In the time her house went up 7x, gold went sideways to down. Then her house dropped 20%, give or take a bit. So her house has been a far far better investment than gold would have been. Of course, in the last two years she would have been better to sell the house and buygold. But there are substantial transaction costs in selling and buying houses and gold, and there is a significant cost in renting and the hassle of moving. Without a significant mortgage, it is better to just stay in the house and short HOV, TOL, FNM, FMC etc if one thinks housing is a bad thing to own. In your fervour to sling off at CB, you go a little off the rails TJ. Mqurice